5 Amazing Facts About ChatGPT

ChatGPT is a computer program created by Open AI that can talk with people using language, like a chatbot.

Since its launch in November 2022, it has become very popular, and many people like using it.

Some people think it’s the best chatbot ever made! Even big companies like Google and Bing have noticed how good it is and have made changes to their own programs because of it.

The chatbot is highly versatile and can be used in many different ways, including for customer service and IT support.

Its ability to provide comprehensive and accurate responses makes it a valuable tool for businesses and individuals alike.

What sets ChatGPT apart from other AI chatbots is its disruptive nature. It has pushed the boundaries of what is possible with AI and has demonstrated just how far the technology has come.

In this article, you’ll find some of the most compelling ChatGPT statistics and facts that highlight the chatbot’s revolutionary impact on the field of AI.

So keep reading to learn more!

1. ChatGPT Became The Fastest Growing Consumer Application In History

ChatGPT after its launch on November 30, 2022, widely became popular in the AI as well as the tech world.

As per trusted resources on ChatGPT stats, it gained about 1 million users in just 5 days of its launch whereas it took big tech companies like Netflix 3.5 years, Instagram 10 months, and Twitter 2 years.

The tool reached its 100 million user mark within just 2 months making it the fastest-growing consumer application in history as per a UBS study.

2. ChatGPT Costs and Expenses

ChatGPT costs around $100,000 per day to run the program.

Microsoft’s Azure cloud is reportedly hosting ChatGPT to avoid the need for OpenAI to have its own physical server room.

According to Microsoft’s current rates, it costs $3 per hour to use a single A100 GPU and generating each word on ChatGPT costs $0.0003.

At least eight GPUs are needed to run a single ChatGPT, and if the average response is around 30 words, it could cost almost 1 cent for the company as per OpenAI CEO Sam Altman.

Based on these estimates, OpenAI could be spending at least $100,000 per day or $3 million per month on running costs.

3. ChatGPT Data Sets and Training

OpenAI’s GPT-3 is the biggest language model that has been developed so far.

It has an impressive 175 billion parameters, which is a measure of how much data it can process at once.

This model also receives around 10 million questions per day, which shows how widely it is being used.

To train the model, a massive amount of text data was used, totaling around 570GB of datasets.

This information was sourced from various places such as books, web pages, and other sources to create a vast knowledge base for the model to learn from.

4. ChatGPT and Microsoft

Microsoft, which was one of the early investors in OpenAI, has announced plans to extend its current partnership with the company.

This move is part of Microsoft’s ongoing effort to incorporate more artificial intelligence into its range of products.

OpenAI has also released a statement saying that the multi-year investment will be used to develop AI that is safe, useful, and powerful.

Microsoft CEO, Satya Nadella, explained that the partnership with OpenAI was formed with the goal of responsibly advancing cutting-edge AI research and making AI technology more accessible to everyone.

Microsoft is reportedly making a multi-billion dollar deal in which Microsoft will invest $10 billion dollar in the company and Microsoft will get a 75% stake in the profits of OpenAI till the fully invested amount is recovered and 45% afterward.

Earlier in July 2019, Microsoft started its partnership with OpenAI by investing $1 billion in the company and further added $2 billion in the total investment in 2021.

5. ChatGPT Parent Company OpenAI Statistics

OpenAI is a company led by CEO Sam Altman, founded in 2015 by Elon Musk, Greg Brockman, Sam Altman, Ilya Sutskever, and John Schulman.

Microsoft, Khosla Ventures, and LinkedIn co-founder Reid Hoffman are some of its notable investors.

As of 2023, OpenAI was valued at $29 billion, with Microsoft investing $10 billion. The company expects to generate $200 million in revenue by 2023, with a target of $1 billion by 2024.

Some other stats about OpenAI are:

OpenAI charges around 2 cents to create an image from a written prompt and around a penny per 2,000 words of generated content.
The company transformed from non-profit to “capped” for-profit in 2019, setting a profit cap to generate 100X on any investment.
OpenAI launched GPT-3 in 2020, a language model trained on trillions of words from the internet.
DALL-E, introduced in 2021, generates realistic images with the help of provided data.
OpenAI has over 100 employees.
The company is backed by Microsoft, Khosla Ventures, and Infosys.
As of December 2022, OpenAI has 21 million monthly visitors and is the 1441st most popular site in the world.